alleryStart learning →How does consulting differ from assurance?
AIt recommends future actions
BIt is done by non-accountants
CIt never uses any evidence
DIt is always unpaid work
Answer & Solution
Correct answer: A. It recommends future actions
Consulting uses professional knowledge to advise on future events or system design, while assurance tests the validity of past data.
Keep practising Assurance Services
Browse all Assurance Services questions for CA Final, or explore more Auditing topics.
Related questions
How long does ongoing FCPA due diligence on a relationship last?Due diligence has emerged as a separate profession for accounting experts, usually called Which US law made due diligence a legal term?A buyer examines a target company before a takeover. This is a common example of what?What does due diligence mean in general business usage?In forensic rating models, ratios weighted by coefficients to give an overall value are caWhy do forensic accountants use plain terms?The investigation of which gangster's finances is credited with showing the value of foren